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Question 1 Not yet answered Marked out of 13.00 7 Flag question Note: Round your answer to 2 decimal places unless otherwise stated. Ignore symbols

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Question 1 Not yet answered Marked out of 13.00 \\7 Flag question Note: Round your answer to 2 decimal places unless otherwise stated. Ignore symbols such as S, 96. and commas. If your answer is negative, leave it as negative. For example, write 0.1256 as 0.13 and {1.1256 as -0.13. Anton is currently considering an investment in a virtual reality startup called "VR Ltd". He plans to loan the startup $100 million (att = 0). Anton expects VR Ltd to make yearly payments to him for three years, as follows: Payment at the 24 end of year 1 million (t = 1) Payment at the 48 end of year 2 million (t = 2) Payment at the 72 end of year 3 million (t = 3) Anton's cost of capital is 29% pa. (compounded annually). Part a [4 marks] The NPV of this investment is As a result, Anton should (Noanswergiven) : in VR Ltd. The internal rate of return for this investment is (Noanswergiven) s the cost of capital

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